Derek Hsu
About Derek Hsu
Derek Hsu is an Underwriter - Travel Trainee at USLI Insurance, with advanced Excel skills and experience in commercial lines underwriting. He has worked at Nationwide and Encova Insurance, managing regions independently and generating significant new business.
Work at USLI
Derek Hsu currently serves as an Underwriter - Travel Trainee at USLI Insurance. He has been in this role since 2020, contributing to the underwriting process and decision-making within the travel insurance sector. His responsibilities include utilizing advanced Excel skills to create worksheets aimed at reducing underwriting decision-making time. Hsu's experience in this position builds on his prior roles in the underwriting field, allowing him to apply his knowledge effectively.
Previous Experience in Underwriting
Before joining USLI, Derek Hsu worked as a Commercial Lines Underwriter at Nationwide from 2017 to 2019. He then transitioned to Encova Insurance, where he held a similar position from 2019 to 2020. During his time at Encova, he managed regions independently for one year, demonstrating his ability to handle underwriting responsibilities autonomously. Across both roles, he wrote approximately $1 million in new business, showcasing his proficiency in the underwriting field.
Education and Expertise
Derek Hsu holds a Bachelor’s Degree in Finance with a concentration in Risk Management from The University of Texas at Dallas, where he studied from 2014 to 2016. Prior to that, he attended Tarrant County College from 2012 to 2014. Hsu is currently pursuing further professional development, having completed 2-course credits toward the Chartered Property Casualty Underwriter (CPCU) designation and is actively studying for the CPCU540 exam.
Skills and Systems Proficiency
Derek Hsu possesses advanced Excel skills, which he has effectively utilized to streamline underwriting processes. He has experience with multiple underwriting systems, including Guidewire, enhancing his capability to manage underwriting tasks efficiently. His technical skills complement his practical experience in the insurance industry, allowing him to contribute to improved decision-making in underwriting.